Family Dollar Sees Long-Term Shift Toward Value

Family Dollar is acting quickly to capitalize on the demand for value and convenience. The chain expects about 40% of its 6,660 stores will have shelf space reallocated from general merchandise to food and consumables during the current quarter. The latter categories showed continued growth in sales and profits during the company's fiscal third quarter, which ended May 30, the retailer

MATTHEWS, N.C. — Family Dollar is acting quickly to capitalize on the demand for value and convenience.

The chain expects about 40% of its 6,660 stores will have shelf space reallocated from general merchandise to food and consumables during the current quarter. The latter categories showed continued growth in sales and profits during the company's fiscal third quarter, which ended May 30, the retailer said last week.